Call reports 2007
COMMUNITY FIRSTBANK OF CHARLESTON — 2007
What COMMUNITY FIRSTBANK OF CHARLESTON reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 432,020,000 | 451,301,000 | 446,094,000 | 508,281,000 |
| Total loans | 373,048,000 | 388,595,000 | 383,519,000 | 385,954,000 |
| Allowance for loan losses | 4,541,000 | 4,596,000 | 4,746,000 | 5,409,000 |
| Securities available for sale | 37,714,000 | 37,459,000 | 37,944,000 | 96,934,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,242,000 | 340,654,000 | 343,388,000 | 354,884,000 |
| Interest-bearing deposits | 302,489,000 | 308,061,000 | 313,482,000 | 327,488,000 |
| Noninterest-bearing deposits | 33,753,000 | 32,593,000 | 29,906,000 | 27,396,000 |
| Equity capital | 31,257,000 | 31,537,000 | 32,957,000 | 33,395,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,071,000 | 16,375,000 | 24,785,000 | 32,711,000 |
| Interest expense | 4,288,000 | 8,666,000 | 13,129,000 | 17,614,000 |
| Net interest income | 3,783,000 | 7,709,000 | 11,656,000 | 15,097,000 |
| Noninterest income | 337,000 | 709,000 | 1,080,000 | 1,382,000 |
| Noninterest expense | 2,233,000 | 4,585,000 | 6,995,000 | 9,138,000 |
| Provision for loan losses | 100,000 | 155,000 | 305,000 | 1,015,000 |
| Pretax income | 1,787,000 | 3,678,000 | 5,436,000 | 6,551,000 |
| Income tax | 652,000 | 1,343,000 | 1,984,000 | 2,391,000 |
| Net income | 1,135,000 | 2,335,000 | 3,452,000 | 4,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,207,000 | 31,657,000 | 32,773,000 | 33,482,000 |
| Total capital | 40,748,000 | 41,253,000 | 42,519,000 | 43,521,000 |
| Risk-weighted assets | 367,232,000 | 388,288,000 | 390,682,000 | 402,787,000 |